THE SOCIALIST REPUBLIC OF VIET NAM
Government News
Top Vietnamese legislator to attend CLV Parliamentary Summit, visit Laos, Thailand
VGP - Chairman of the National Assembly (NA) Vuong Dinh Hue will attend the first Cambodia-Laos-Viet Nam (CLV) Parliamentary Summit, pay a working visit to Laos from December 4-7, and an official visit to Thailand from December 7–12.
According to the NA Committee for External Relations, the trip will be made at the invitation of his Lao and Thai counterparts Saysomphone Phomvihane and Wan Muhamad Noor Matha, respectively.
The year 2023 marks the 61st anniversary of the establishment of diplomatic relations between Viet Nam and Laos.
The Viet Nam-Laos relationship has become a symbol of special friendship. By the end of 2022, Viet Nam poured US$5.34 billion in investment projects in Laos, making it one of the three biggest foreign investors there.
Viet Nam and Thailand established diplomatic relations on August 6, 1976 and elevated their ties to strategic partnership in 2013.
On the economic front, amid economic deceleration and political headwinds, Thailand and Viet Nam managed to enhance economic ties with the adoption of the "Three Connects" strategy, which serves as an enabler for both countries to materialize the bilateral trade target of US$25 billion in 2025.
The two-way trade reached more than US$21 billion in 2022./.